13 May 2021

'Champions League of tax avoidance:' Uber used 50 Dutch shell companies to dodge taxes on nearly $6 billion in revenue

 Riccardo Savi/Getty ImagesUber CEO Dara Khosrowshahi. Uber used around 50 Dutch shell companies to help reduce its global tax burden, an Australian research group found. Despite earning $5.8 billion in global revenues in 2019, Uber claimed a $4.5 billion loss for tax purposes. One researcher called Uber’s alleged scheme “the Champions League of tax avoidance.” See more stories on Insider’s...
04 May 2021

Mizoram: Eight-day lockdown imposed in Aizawl, other district headquarters

A health worker collects a swab sample The lockdown would come into force at 4 am on Monday (3 May) and would remain in force till 4 am of 11 MayThere is no restriction in terms of opening of shops and other economic activities in other parts of the state Amid an alarming surge in Covid-19 cases, the Mizoram...